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Guideline: NM 91 – Contract Purchaser Conversion Endorsement

Guideline: NM 91 – Contract Purchaser Conversion Endorsement

Explanation:

This endorsement is attached to an existing contract purchaser owner’s policy (NM form 1). This endorsement is used when the insured owner acquires fee title to the insured property upon payoff of the real estate contract and wishes to down date the policy and/or increase the amount of ...

Any revision to this form requires approval of a Stewart Title Guaranty Company underwriter. The underwriting guidelines contained herein have been provided for general reference. The facts, circumstances, and location of the subject property should be considered when determining the issuance of the requested form or endorsement. Please note that all of the forms and endorsements included in this system may not be available in all states. Accordingly, please contact the appropriate Stewart Title Guaranty Company underwriting personnel in order to determine availability.

Compliance with the underwriting guidelines contained herein in no way obligates Stewart Title Guaranty Company to issue any form or endorsement.

This guideline applies to the following form(s):